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20121202
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with 800 billion from tax reform and the rest in cuts to government problems. last week president obama offered a plan that relied on tax increases that would total $1.6 trillion. the republican plan does not include something the president said is essential, income tax hikes on those making more than $250,000. >>> stocks edged lower on fears the threat from the fiscal cliff might put a damper on the economy. the dow is down 59 to 12,965. the nasdaq is down 8 at 3,002. the s&p is down 6 at 1,409. coming up at 5:45 p.m., car sales reach a level they haven't seen in years. plus the potential impact the fiscal cliff could have. >>> mitt romney is back at his old job. he is rejoining the board at mareiate international -- marriott international. they have a long standing friend ship. >>> coming up, we have shown you this sink hole developing, what they are doing get things back to order in this neighborhood. >> a nice break today. the rainfall ending, giving us a break but there are more showers headed our way. i will have the timing on the showers in 10 minutes. how do you do that? well, i
and threatening jobs, the whitehouse has wasted another week. >> speaker boehner and president obama spoke only once this scombeek boehner called the talk unproductive. boehner did not say e, he did not repeat his demand to keep tax cuts for the wealthy in place. the president insists taxing should go up on the top 2% of income earners. nancy pelosi responded to criticism that democrats are to blame for the stale meat. >> boehner says that democrats are slow walking this had but this is the same leader who had the house in session barely a full day of this week. >> if a deal is not reached by the end of this year, automatic tax increases and spending cuts go into effect. >> transportation officials today called for the use of data recorders to help improve drive driver safet . these would record vehicle speed, air bag deployment and whether seatbelts were buckled. they say installing those recorders would help gather valuable information. the agency would like to them see them installed in 2014. >> coming up in two minutes we'll have an update on that fatal crash and the traffic jam it's c
day at his wife's bedside. the palace announced catted is less than twelve weeks along. she's reportedly feeling better but is expected to stay in the hospital for several days. >>> president obama's second inauguration in january is expected to be a much smaller event than his first inauguration. four years ago his historic inauguration as the first black president drew a crowd of 1.8 million people. this coming ceremony is likely to be were smaller due to the looming economic crisis, our nation's exit from war, and the reshuffling in congress. president obama will be sworn in on january 20th. the public ceremony will be the following day. >>> the rain will impact that morning commute. you don't need a ton of rain to make a mess of the morning commute. the showers are not going to be that substantial especially in the south bay, it will hit in the morning commute and it will be wet, especially the very early morning commute. steve paulson and sal will be in here at 4:30 to talk about this. the north bail be drying out by then. in santa rosa right now, at the intersection sa
Search Results 0 to 2 of about 3

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